Barfresh achieved record annual revenue of $14.2 million for fiscal year 2025, representing 33% year-over-year growth, including contributions from the Arps Dairy acquisition. Fourth quarter 2025 revenue increased 94% year-over-year to $5.4 million, also a record for the period. Gross margin for Q4 2025 significantly decreased to 3% from 26% in Q4 2024, and for the full year 2025, it was 22% compared to 34% in 2024, primarily due to facility transition costs and the inclusion of Arps Dairy's milk processing business. Net loss improved slightly to $763,000 in Q4 2025 from $852,000 in Q4 2024, and for the full year 2025, it was $2.7 million compared to $2.8 million in 2024. Adjusted EBITDA loss widened to $1.1 million in Q4 2025 from $563,000 in Q4 2024, and to $2.1 million for the full year 2025 from $1.3 million in 2024. The company secured $7.5 million in strategic convertible note financing in February and March 2026 to pay off the manufacturing facility mortgage and accelerate construction. Barfresh was approved for a $2.4 million government grant to purchase and install specialized equipment for full-scale production. First quarter 2026 revenue guidance is set at $5.0 million to $5.2 million, with an expectation of Adjusted EBITDA breakeven. Full year 2026 revenue guidance is updated to $28 million to $32 million, representing 97% to 125% growth over fiscal year 2025. Full year 2026 Adjusted EBITDA guidance is set at $3.2 million to $3.8 million. The transition to the new 44,000-square-foot manufacturing facility is now expected before year-end 2026, an extension from previous timelines due to financing timing.